Reiwa Reiwa
28 French Street, Ashfield WA 6054

28 French Street, Ashfield WA 6054

Sold price: $555,000
Sold
Sold: 15 Apr 2024

3 Bedrooms

1 Bathroom

House

Contact the agent

Wayde Holtom

0892277752

BOSS Real Estate


Minutes from Airport - Stroll to River - One for the Astute Investor - Developer/Builder - BUY "AS IS"

All offers will be considered by the seller until satisfied with the purchase price offered.

A few minutes drive to airport, a 20 minute drive into Perth and only a stroll away from the river. Close to public transport.

Refer to: Smart Property Investment (SPI) Specialties: property investment, property research, property market, Australian property market, real estate, property hotspots,
Also -
Ashfield, WA 6054: Suburb Profile & Property Report | YIP

Your Investment Property Magazine
https://www.yourinvestmentpropertymag.com.au › 6054...

"If you're thinking about buying an investment property in Ashfield, consider that rental yields for houses are currently 4.82% with an average median rent of $610 weekly. Houses have seen 16.44% growth in the past quarter, and 19.09% growth in the past 12 months.”

This 670m2 parcel of land with fibro home built in 1950 -requiring renovation to restore to former self prior to any occupation- would be a wise decision for an investor to renovate.

To then take advantage of the ever-increasing demand in the rental market with increasing rental incomes by leasing for instant return.

Thereafter, hold until ready to construct your dream home later. Alternatively, with this rapid growth potential in this suburb with price rises consider on-selling to builder/developer.

Opportunity for developer/builder take advantage of the rapid rises in house prices in this location by constructing two dwellings.

Neat and tidy 3 bedroom old style home with huge rear yard - home itself requires repairs, speak to
Wayde for further information. Buy home "AS IS".

Details about the house:-
- Floorboards throughout
- Separate laundry
- Reverse cycle air-conditioner in lounge area
- Fireplace (for display only)
- Massive front and rear yard
- Gas stove & electric oven
- 700 sqm block - back yard fenced at rear
- Parking in driveway (no carport or garage)
- Disclosure re: possible asbestos in roof cavity

Currently tenanted - tenant is vacating.

Contact Wayde for more information.

Property features

  • Air conditioned  
  • Toilets 1
  • Lounge  

Nearby schools

Ashfield Primary School Primary Government 0.4km
Cyril Jackson Senior Campus Secondary Government 0.7km
Cyril Jackson Senior Campus Education Support Centre Secondary Specialist 0.7km
Durham Road School Combined Specialist 1.8km
St Michael's School Primary Non-government 1.8km
Bassendean Primary School Primary Government 1.9km
Redcliffe Primary School Primary Government 2.1km
Casa Mia Montessori Community School Primary Non-government 2.1km
Anzac Terrace Primary School Primary Government 2.2km
Bayswater Primary School Primary Government 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4794176